Could Liquid Staking Be the Future of Earning in DeFi

Staking has long been among the top methods of earning passive rewards in cryptocurrency, yet let’s get real, tucking away cash for months with no access does not exactly fill us with joy, particularly in a volatile market. This is where BGSOL comes in and allows holders of SOL tokens the opportunity to stake them and yet leave them liquid and accessible for trading, DeFi prospects, or plain old holding.

The idea of staking has been interesting to me throughout the years, yet the inability to be flexible has been the stumbling point. Too often a great opportunity will arise and my coins will be tied with a cooldown that prevents the participation if they are instantly required. BGSOL rectifies that with the offer of giving liquidity and receiving staking rewards at the same time and it becomes a whole lot simpler to be active within the market without losing the opportunity of returns.

With liquid staking gaining weight everywhere in the world of DeFi, it becomes clear that ease and convenience take the forefront. Nevertheless with doors of opportunity widening, the million dollar query lies with—how will liquid staking continue to evolve? Will it become the default passive income solution, or will traditional staking strategies still have a role to play?